Word: montecatini
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Primary Turin targets were the Royal Arsenal, the Fiat truck and plane plants, the Caproni bomber factory, the Montecatini chemical works. Observers reported that a great pall of smoke lay over the city. At one point flames from a factory shot up 8,000 feet in the air like the plume of a live volcano...
...complacency with which they entered war against Britain. Greatest shock has been the sell-out of all the fine-sounding ideals with which Benito Mussolini once used to charm his people. The most powerful men in the country are the great industrialists who run the Fiat (autos, armaments), Montecatini (mining and chemicals) and Snia Viscosa (ersatz textiles) monopolies. Along with them has been created a new class of wealthy men in high Government office. Italian peasants, remembering Mussolini's attacks on Democratic plutocrats (men who grew powerful through wealth) have coined a new phrase for the wartime wealthy: "Cratoplutes...
...Invite." Pius XII does not smoke, eats sparingly, drinks little wine. He has been accustomed to vacation yearly in Switzerland or in Italy's Montecatini. He keeps his lean, six-foot frame in condition by exercising in a completely equipped gymnasium in his Secretary of State's apartments-from which, presumably, he will move as soon as the late Pope's living quarters, two floors above, are redecorated. On his first day as Pope, Pius XII rose at 6 a.m., shaved himself with his electric razor, celebrated Mass, breakfasted on coffee and rolls, then embarked upon...
Although in years past Cardinal Pacelli has spent a quiet month's vacation in Switzerland or at Montecatini, Vatican officials blandly informed newshawks that his decision to cross the Atlantic at one of its stormiest seasons was "inspired by his love of the sea." Tersely, the Vatican let it be known that the Cardinal Secretary of State was traveling incognito, accompanied only by his gentleman-in-waiting, Count Enrico Galeazzo, Vatican City engineer and representative of the Knights of Columbus in Rome; that the Cardinal wished no elaborate welcome in Manhattan; that his headquarters during his stay would...
...shipments of munitions to Italy continued at lowest gold cash prices; the lira, after falling nearly ½? on international exchange last week, bounced back; and activity quickened furiously on Italy's bourse. Fiat motors rose from 394 lire to 401; Snia-Viscosa rayon from 401 to 410 and Montecatini mines from 188 to 193. These movements of course reflected fear by Italians that eventually the lira will be forced off the gold standard. Abroad many a headline writer splashed ITALY GOES OFF GOLD TO PAY FOR WAR! Actually Italy has not been on a true gold standard for some...